WiseTech Bull Says DSV's Exit Will Take Time -- Market Talk

Dow Jones

May 13

WiseTech Global's bull at Jefferies reckons it will be about six years before global freight forwarder DSV can stop using the Australian company's CargoWise platform. The Danish company says it plans to bring its transport management in-house, but analyst Roger Samuel says it first needs to upgrade its operations. He tells clients in a note that this could take two years, with another four needed to transition users. Samuel estimates that DSV contributes about 9% of WiseTech's revenue, and about 10% of its Ebitda. Pressure on WiseTech's share price is likely, Samuel adds. Jefferies has a last-published buy rating and A$72.00 target price on the stock, which is at A$39.80 ahead of the open. (stuart.condie@wsj.com)

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May 12, 2026 19:13 ET (23:13 GMT)

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The Danish company says it plans to bring its transport management in-house, but analyst Roger Samuel says it first needs to upgrade its operations. He tells clients in a note that this could take two years, with another four needed to transition users. Samuel estimates that DSV contributes about 9% of WiseTech's revenue, and about 10% of its Ebitda. Pressure on WiseTech's share price is likely, Samuel adds. Jefferies has a last-published buy rating and A$72.00 target price on the stock, which is at A$39.80 ahead of the open. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2026 19:13 ET (23:13 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WiseTech Bull Says DSV's Exit Will Take Time -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWiseTech Bull Says DSV's Exit Will Take Time -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-13 07:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  WiseTech Global's bull at Jefferies reckons it will be about six years before global freight forwarder DSV can stop using the Australian company's CargoWise platform. The Danish company says it plans to bring its transport management in-house, but analyst Roger Samuel says it first needs to upgrade its operations. He tells clients in a note that this could take two years, with another four needed to transition users. Samuel estimates that DSV contributes about 9% of WiseTech's revenue, and about 10% of its Ebitda. Pressure on WiseTech's share price is likely, Samuel adds. Jefferies has a last-published buy rating and A$72.00 target price on the stock, which is at A$39.80 ahead of the open. 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The Danish company says it plans to bring its transport management in-house, but analyst Roger Samuel says it first needs to upgrade its operations. He tells clients in a note that this could take two years, with another four needed to transition users. Samuel estimates that DSV contributes about 9% of WiseTech's revenue, and about 10% of its Ebitda. Pressure on WiseTech's share price is likely, Samuel adds. Jefferies has a last-published buy rating and A$72.00 target price on the stock, which is at A$39.80 ahead of the open. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7503":"科技股","WTC.AU":"WISETECH GLOBAL LTD","BK7016":"应用软件"},"translate_title":"WiseTech Bull表示DSV的退出需要时间——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WTC.AU":0.9},"content_text":"WiseTech Global's bull at Jefferies reckons it will be about six years before global freight forwarder DSV can stop using the Australian company's CargoWise platform. The Danish company says it plans to bring its transport management in-house, but analyst Roger Samuel says it first needs to upgrade its operations. He tells clients in a note that this could take two years, with another four needed to transition users. Samuel estimates that DSV contributes about 9% of WiseTech's revenue, and about 10% of its Ebitda. Pressure on WiseTech's share price is likely, Samuel adds. Jefferies has a last-published buy rating and A$72.00 target price on the stock, which is at A$39.80 ahead of the open. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2026 19:13 ET (23:13 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}